Worldwide Process Automation Market to Reach doller64bn in 2008

摘要

ACCORDING TO A NEW study by ARC Advisory Group,the process automation market has finally shown signs of recovery with an increase in demand for automation equipment.The worldwide market for total process automation is expected grow at a compounded annual growth rate of (5.1)percent over the next five years.This market,which amounted to nearly doller(50) billion in 2003,is forecast to exceed doller(64) billion in 2008.